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What is the approximate yield to maturity of a 10 percent coupon rate, $1000 par value bond which is currently priced at $1200 with 11
What is the approximate yield to maturity of a 10 percent coupon rate, $1000 par value bond which is currently priced at $1200 with 11 years to maturity? What would be the yield to call if the call can be made in 7 years at a price of $1025? Please show your work
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Understanding The Finance Of Welfare
Authors: Howard Glennerster
2nd Edition
1847421091, 978-1847421098
